HEXZA CORPORATION BHD

KLSE (MYR): HEXZA (3298)

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Last Price

1.11

Today's Change

-0.01 (0.89%)

Day's Change

1.11 - 1.12

Trading Volume

44,100


10 people like this.

3,858 comment(s). Last comment by TheContrarian 2 days ago

lkee168

26 posts

Posted by lkee168 > 2016-01-06 14:56 | Report Abuse

Start to move toward rm1,,,,,

damon

90 posts

Posted by damon > 2016-01-06 15:12 | Report Abuse

suddenly the price alert wake me up~chiong ar!!!!

kk123

1,964 posts

Posted by kk123 > 2016-01-06 15:31 | Report Abuse

Shhhhh...diam diam collect ..
It has 60mil++ cash .. It's one of the few Net cash company..a gem...
It's a bargain just like focus lumber last time when it was at around 1.30++ ..
finally it moved, it also appears in insider Asia featured stock & someone wrote on this earlier..

soros228

2,039 posts

Posted by soros228 > 2016-01-06 15:39 | Report Abuse

Hold tight. More to come.

lkee168

26 posts

Posted by lkee168 > 2016-01-06 15:56 | Report Abuse

high vol today...

soros228

2,039 posts

Posted by soros228 > 2016-01-06 16:08 | Report Abuse

Benefit from weak ringgit and strong dollar.

bugle

293 posts

Posted by bugle > 2016-01-08 15:12 | Report Abuse

Click and Read Insider Asia’s Stock Of The Day: HEXZA (01/12/2015), still not too late for newbies. http://klse.i3investor.com/blogs/the_edge_insider_asia_stock/87332.jsp

damon

90 posts

Posted by damon > 2016-01-08 20:48 | Report Abuse

below 1.00 it's never too late

Posted by SeeChorHyai > 2016-01-12 10:35 | Report Abuse

Any price below rm2 is a good buy

davors

889 posts

Posted by davors > 2016-01-12 19:59 | Report Abuse

dropping to 0.870 soon before further up~

limsgn

45 posts

Posted by limsgn > 2016-01-12 21:14 | Report Abuse

WHT DE!! UP DOWN ,UP DOWN , UPDOWN/??

Posted by leehualoon > 2016-01-13 14:51 | Report Abuse

Considering benefit from export & pharmaceutical. The PE consider low.

bugle

293 posts

Posted by bugle > 2016-01-15 00:18 | Report Abuse

"On 24th July 1986, it changed to its present name of Hexza Corporation Berhad."
2016, 30th anniversary. Something great might happen soon, special dividend+bonus+$$$come, hopefully! Hahaha...

Posted by Napal_Baji > 2016-01-28 19:14 | Report Abuse

Poor report sad...

davors

889 posts

Posted by davors > 2016-01-28 23:15 | Report Abuse

unfortunately... bad report~

bugle

293 posts

Posted by bugle > 2016-01-29 11:27 | Report Abuse

so, you buy / sell / hold?

Posted by Napal_Baji > 2016-01-29 19:28 | Report Abuse

Today I sell all already

chl1989

2,552 posts

Posted by chl1989 > 2016-01-30 00:00 | Report Abuse

np dropped mainly due to higher raw mat cost.
Another thing, they spent more than 23mil on "available for sales investment"? can any sifu shed some light on this?

kk123

1,964 posts

Posted by kk123 > 2016-02-01 10:06 | Report Abuse

well basically there is not much of a concern. It's still a net cash company with zero debt, and lots of cash and "Other investment".
1. Raw material is little impact is around $1.4m to their profit- due to USD vs RM. RM recently could be seeing some strengthening after the 1mdb issue is "resolve". This could also be a "risk" in 2016 for those companies previously "benefited" from the strong dollar may see their share price goes down, once RM gets stronger. You can see that the glove companies stocks going down.
2.RM$23 mil although not mentioned which are the shares it invest in-this refers to investment in shares or quoted securities in malaysia(base on their annual report under "Other investment"). Usually companies which has a lot of cash can invest in shares which may yield higher returns in long run, rather than put in bank or FD. Note that this has no impact to their NTA, and they can also sell anytime (liquid), unless of course if the value of their investment drop.
3.There is a pending land sales which could be completed this year which shld net around $17mil.
4.As of now the company still have RM 37 mil in cash, ~$63mil ($40mil+$23mil) in quoted securities and zero debt . Once the land sale is completed they shld have liquid cash and investments of around RM 37mil+$63M+$17M= $117M.

BUY.

NOBY

936 posts

Posted by NOBY > 2016-02-01 12:10 | Report Abuse

There were a few reasons I think for drop in profits
1. The manufacturing division operating margins fell from 11.5% to 7.4% y-o-y. Management already indicated in Q2-2015 last year that the good margins were one off as they were able to secure raw material at favorable rates then. The current margin of 7% is consistent with the previous 2 quarters
2. Losses of RM 1.36 mil from impairment and forex negated the income that came from the leaseback agreement.

My estimates for 2016 roughly as follows
EBIT (manufacturing) = RM 10.6 mil
EBIT (Leaseback) = RM 6.56 mil
Total EBIT = RM 17.2 mil

The above number is roughly the same as what the group achieved in 2015. Upward revisions may come from favorable raw material prices further improving margins (due to low crude oil) and/or special dividends once the disposal of Norsechem Resins is completed.

kk123

1,964 posts

Posted by kk123 > 2016-02-05 09:26 | Report Abuse

<^-^>

bugle

293 posts

Posted by bugle > 2016-03-12 23:27 | Report Abuse

profits made in previous years, and yet to be distributed to shareholders via dividends, special dividends, capital repayment, or bonus. take a closer look at it, something good might happened very soon, 3-6 months. don't believe? time will prove. come back to this on Nov/Dec. Don't want to say too much now.

Ayat

231 posts

Posted by Ayat > 2016-03-27 19:35 | Report Abuse

Ayam tua tersangkut @ ARMADA @ RM 1.35 ?

coolwater

35 posts

Posted by coolwater > 2016-04-10 22:32 | Report Abuse

PBT 2015 =19,358,000 . 2016(half a year PBT)=12,919,000
Basic Earning per share in 2015=7.0 sen
Basic Earning per share 2016(Half yearly only)=5.3 sen.

Super_SKL

179 posts

Posted by Super_SKL > 2016-04-21 14:35 | Report Abuse

[转贴] 【现金股息流】- 10家【0借贷】的现金股,平均周息率5.48%!- Harryt30
http://klse.i3investor.com/blogs/kianweiaritcles/95190.jsp

Super_SKL

179 posts

Posted by Super_SKL > 2016-04-21 16:38 | Report Abuse

I'm quite confident that it will shoot up soon. Tick-tock, tick-tock, tick-tock,... coming soon!!! Huat ah!!!

balvin71

1,154 posts

Posted by balvin71 > 2016-05-12 21:23 | Report Abuse

Quarterly results not so good. With ringgit still down, next quarter/year end won't be that great. What do you guys think?

Jeffbkt

132 posts

Posted by Jeffbkt > 2016-05-13 08:52 | Report Abuse

The 2016 Q3 EPS is only 0.6 cents, 50% dropped YoY from 2015 Q3 1.2 cents. The main reason is because of the one time reversal of foreign gain of 2.51M otherwise the company should have reported EPS of around 1.9 cents.

The company is super cash rich until they have to invest the cash into others type of short term investment which generate 1.83M of dividend so far in 2016. The cash/share alone is 0.67 cents (cash balance + all investment) which means investor only pay 21 cents for the entire business. Overall the business is still generating profit.

On top of it there is 10.3M asset held for sale in the current asset or about 5 cents EPS which I think will be reflected in the next Q report once the sales is materialize. Please correct my assumption here if you think it is not correct.

Posted by OngCheeTat > 2016-08-02 13:38 | Report Abuse

This stock price will be doubled in less than 1 year. Mark my words

chesslim

892 posts

Posted by chesslim > 2016-08-11 19:06 | Report Abuse

Waiting special dividen coming.......

chesslim

892 posts

Posted by chesslim > 2016-09-02 11:36 | Report Abuse

OngCheeTat : Why so confident ? According for what price will be doubled ?

Posted by LeongCheeWan > 2016-09-05 14:38 | Report Abuse

Breakout soon

pgboy88

80 posts

Posted by pgboy88 > 2016-09-08 09:34 | Report Abuse

Climbing up up up.....

abcb

3,043 posts

Posted by abcb > 2016-09-08 13:39 | Report Abuse

Theedgemarkets.com has selected Hexza as one of the solid fundamental small caps growing dividend stock to invest

abcb

3,043 posts

Posted by abcb > 2016-09-22 11:16 | Report Abuse

Hexza is expected to move higher once the resistance of 0.95 is broken to 0.985 and 1.02 level

Super_SKL

179 posts

Posted by Super_SKL > 2016-09-22 11:19 | Report Abuse

Who the sohai eat the share till 0.935? Timing not right, slowly lah. I expect it will only move next month, still have time to buy more at cheaper price lah. Don't move so fast!

bugle

293 posts

Posted by bugle > 2016-09-22 11:31 | Report Abuse

People see it's undervalued and don't mind to buy some at higher price. and you called "sohai". you're so rude! You wait lah, and see who the sohai is. Excuse me.

Super_SKL

179 posts

Posted by Super_SKL > 2016-09-28 10:18 | Report Abuse

Why so quiet? Buyers wait sellers, sellers wait buyers. hahaha!!! Copy and paste the following from The Edge for reference.

"Hexza offers investors an above-average yield of 5% and potentially higher dividends ahead as the company uses its huge cash pile to acquire earnings-accretive assets. Hexza has a debt-free balance sheet with net cash of RM51.4 million and investments in financial assets of RM63.7 million, which are equivalent to almost two-thirds of its market capitalisation.

Besides investment holding, Hexza is involved in the manufacture of formaldehyde-based resins and ethanol — industrial chemical products used extensively in different local industries, such as furniture, construction and infrastructure. With its manufacturing division riding an earnings recovery trend in recent years, its share price has gained 54.3% to 89.5 sen from 58 sen in 2011.

In FY2016, revenue declined 6% y-o-y to RM141.4 million, attributable to the cessation of a subsidiary’s operations in August last year. However, net profit was up 14% to RM16 million, thanks to the commencement of finance lease income flow.

Recall that Hexza entered into a sales, purchase and lease agreement to purchase an 8mw heavy fuel oil power generation system in Myanmar from Singapore-based Tembusu for US$6 million. The finance lease’s internal rate of return is estimated at 22% and it started contributing to the company’s earnings in FY2016 and will do so for the next 10 years."

Super_SKL

179 posts

Posted by Super_SKL > 2016-10-04 14:34 | Report Abuse

bugle, thank you for writing a great article on HEXZA! Excellent analysis with figures and facts. But, like I said, the timing is not so right lah. Anyway, appreciate your efforts, well done!

Super_SKL

179 posts

Posted by Super_SKL > 2016-10-06 11:13 | Report Abuse

Yes, you know, I know. More than 4.5% dividend yield! But there are still a lots don't know about it. Don't push 1st! i'm still collecting. The lower the better. Anyway, I'm just a small shareholder at the moment.

Super_SKL

179 posts

Posted by Super_SKL > 2016-10-07 09:31 | Report Abuse

Of the chemical industries, the share price of NYLEX is moving, SAMCHEM is doing well, LUXCHEM's price is more than double of its NTA. WHEN is your turn?!!!

bugle

293 posts

Posted by bugle > 2016-10-07 10:40 | Report Abuse

哈哈哈!市场就是那样,你散户天天在喊在叫“被低估了”,应该要起了。不起就在那边埋怨,没耐心,卖掉,等下看它起了又想去追。我讲,重点是,大户不做东西,长期被低估的,不只是Hexza而已。想要股价起,除非你是大户/推手,拥有足够的资源,否则你能做的就是“等”吧了。在此跟各位散户分享一句名言:好股没人炒,炒了有人要。根据我的分析,重点在此。

abcb

3,043 posts

Posted by abcb > 2016-10-11 14:44 | Report Abuse

Worth to accumulate under value stock for the following reasons:
As at 30 June 2016,the publicly made available to info:

(1) Cash and cash equivalents+Other Investments(mainly quoted shares)
RM51,418,000+RM63,726,000=RM115,144,000 or 0.57 per share

(2) Total Reserves=RM119,819,000 or 0.59 per share

(3) Net cash company with zero borrowings

(4) Net assets per share:RM1.10

(5) Forthcoming dividend:4.5 cents per share or 4.81% dividend yield

(6) Earning per share higher than previous year
RM0.08 Vs RM0.07

(7) Target Price: RM1.23

SOME TRADERS MADE MONEY$$$$$,BUT SERIOUS INVESTORS SEE VALUE

GOOD WEALTH AND GOOD HEALTH!!!!!

abcb

3,043 posts

Posted by abcb > 2016-10-11 15:00 | Report Abuse

Investors everlasting patience will be rewarded sooner!

Super_SKL

179 posts

Posted by Super_SKL > 2016-10-11 15:19 | Report Abuse

Yes, u r right! Again, of the chemical industries, the share price of NYLEX is moving, SAMCHEM is doing pretty well, LUXCHEM's price is more than double of its NTA. WHEN is your turn?!!!

Super_SKL

179 posts

Posted by Super_SKL > 2016-10-11 15:23 | Report Abuse

okok, lai liao lai liao!!!

bugle

293 posts

Posted by bugle > 2016-10-11 15:31 | Report Abuse

see, 好股没人炒,炒了有人要。根据我的分析,重点在此。

abcb

3,043 posts

Posted by abcb > 2016-10-11 15:47 | Report Abuse

Small retailers rush to take profit but value investors slowly accumulating this golden share

Yipman

391 posts

Posted by Yipman > 2016-10-11 16:33 | Report Abuse

special announcement today. buy before too late.

abcb

3,043 posts

Posted by abcb > 2016-10-11 16:45 | Report Abuse

Take private by major shareholders at 1.50 per share?

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